NSEPress Release24 Aug 2026 · 24 Aug 2026, 07:01 am
Press Release
JTL INDUSTRIES LIMITED · JTLIND
✦ AI Summary▲ PositiveExpansion
JTL Industries Limited's subsidiary, JTL Engineering Limited, plans to expand its narrow-width HR coil manufacturing capacity by approximately Rs. 15 Crore, doubling its capacity from 5,000 MT to 10,000 MT per month.
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Full Announcement
JTL INDUSTRIES LIMITED has informed the Exchange regarding a press release dated August 24, 2026, titled "Expansion of Narrow-width HR Coil manufacturing capacity by Subsidiary Company".
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August 24, 2026
The Manager, The Manager,
Corporate Relationship Department, Listing Department,
BSE Limited. National Stock Exchange of India Ltd.
25th Floor, P.J. Towers, ‘Exchange Plaza’, C- 1 Block G, Bandra Kurla
Dalal Street, Complex, Bandra (East)
Mumbai - 400001 Mumbai – 400051
Scrip Code: 534600 NSE Symbol: JTLIND
Dear Sir/Madam,
SUBJECT: PRESS RELEASE- EXPANSION OF NARROW-WIDTH HR COIL MANUFACTURING
CAPACITY BY SUBSIDIARY COMPANY
Pursuant to the provisions of Regulation 30 or any other applicable regulations, if any of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Press Release
regarding the proposed capital expenditure of approximately Rs. 15 Crores by JTL Engineering
Limited, Subsidiary of the Company, towards expansion of its narrow-width HR coil manufacturing
capacity.
You are requested to take the same in your records.
Thanking You,
Yours Sincerely,
For JTL Industries Limited
Amrender Kumar Yadav
Company Secretary and Compliance Officer
Press Release
JTL Engineering Announces Rs. 15 Crore Capex to Double Narrow-
Width HR Coil Capacity
Chandigarh, 24th August 2026: JTL Industries Limited (“JTL” or “the Company”) (BSE:
534600 | NSE: JTLIND), a leading manufacturer of structural steel tubes and pipes,
announced that its subsidiary, JTL Engineering Limited, will undertake a capital expenditure
of approximately Rs. 15 Crore to expand its narrow-width HR coil manufacturing capacity.
The planned expansion will double JTL Engineering Limited’s HR coil manufacturing capacity
from the current 5,000 MT per month to 10,000 MT per month. The expanded facility is
expected to be commissioned in Q4 FY27.
With the proposed expansion, JTL Engineering Limited will enhance its capability to
manufacture wider narrow-width HR coils. The maximum coil width will increase from the
current 9 inches (228.6 mm) to 11 inches (279.4 mm).
The increased width capability will broaden the range of narrow-width HR coils that can be
manufactured by the Company, enabling JTL Engineering Limited to address a wider set of
product specifications and customer requirements.
JTL Engineering Limited’s manufacturing process uses sponge iron and steel scrap as key
raw materials. The use of scrap supports efficient utilisation of raw materials and forms an
important part of the Company’s approach towards recycling and more circular manufacturing.
Illustrative manufacturing process for JTL Engineering Limited’s narrow-width HR coil
production
Press Release
Commenting on the development, Mr. Madan Mohan, Managing Director of JTL
Industries Limited said:
“The proposed expansion reflects our focus on strengthening JTL Engineering Limited’s
manufacturing capabilities and expanding the range of products that we can offer. The
additional capacity and wider coil capability will enable us to cater to a broader range of
product specifications and customer requirements.”
About JTL Industries Limited
JTL Industries Limited is among the fastest-growing steel tube manufacturers, with its registered office situated in
Chandigarh. The company operates manufacturing facilities in Punjab, Maharashtra, Chhattisgarh and Himachal
Pradesh (including its subsidiaries). Its cumulative pipe manufacturing capacity is approximately 9,36,000 MTPA,
with around 3,00,000 MTPA dedicated to backward integration. The company is a recognized Three Star Export
House. Its product range includes DFT Structural Pipes, GI Pipes, MS Black Pipes, Hollow Sections, Solar
Structures, HR Coils and Phosphorous Bronze, Copper and Brass Alloys, among others, which cater to various
industrial and infrastructural applications.
For further information, please contact:
Abhishek Dakoria / Kapil Juneja
Mr. Amrender Kumar Yadav
+91 99454 72589
Company Secretary
jtl@churchgatepartners.com
secretarial@jtl.one
DISCLAIMER: Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking
statements are subject to risks and uncertainties including government actions, economic developments, regulatory changes, and other
factors that could cause actual results to differ materially. Statements regarding industry position, certifications, and market standing,
including those based on the Company’s current knowledge and information available in the public domain, are subject to change and
may involve certain assumptions and interpretations. JTL Industries Limited undertakes no obligation to publicly update these statements
to reflect subsequent events or circumstances.